Evans Bancorp declares special 5% stock dividend

MichaelBaron

NEW YORK (CBS.MW) -- Evans Bancorp
EVBN, -1.92%
said its board has declared a special five percent stock dividend that calls for shareholders to receive one additional common share for each 20 shares held. The dividend is to be paid on Dec. 30 to shareholders of record on Dec. 9. Shares of the Angola, N.Y., bank holding company closed Tuesday at $26.50, down 75 cents.

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